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National Semiconductor completes sale of PC Super I/O business

Posted: 06 May 2005 ?? ?Print Version ?Bookmark and Share

Keywords:pc super i/o? Safekeeper Trusted I/O desktop? notebook devices? keyboard controllers?

National Semiconductor Corp. has closed the sale of its PC Super I/O business to Taiwan-based Winbond Electronics Corp.

National announced on March 14, 2005, that it had signed a definitive agreement on the transaction and that the sale was expected to close during the fourth quarter of fiscal 2005, which ends May 29, 2005. The sale of the business, known within National as the advanced PC division, is consistent with the company's ongoing focus on core analog businesses.

Pursuant to the sale, Winbond acquired intellectual property, assets and about 150 employees from National, with most of the employees based at National's former R&D center in Herzlia, Israel. The flagship products of the PC Super I/O business include the Safekeeper Trusted I/O desktop and notebook devices, keyboard controllers and Server I/O devices.

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